Word: solness
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Back in 1958, New York's Commercial Solvents Corp. obviously thought it would get even more solvent by placing faith and credit in Billie Sol Estes. a rising young Pecos, Tex., wheeler-dealer. But by last week it was plain that doing business with Billie Sol was Commercial Solvents' worst mistake in a remarkable record of good, bad and indifferent commercial guesses...
...even though we might have someone else-a movie star or a novelist-on the cover. Other weeks it is the cover that seems to be the draw. And often, of course, cover subject, newsi-ness and public interest happily coincide. Such was the case with the recent Billie Sol Estes cover. The newsstand interest in this spectacular Texas bankrupt, added to the rising number of regular TIME subscribers, combined to make that issue our alltime leader in circulation, with 2,784,000 copies...
...polecat . . . this vile, corrupt creature . . . this damnable skunk . . ." In these pungent terms, recalling a bygone style of political vituperation, Minnesota's Republican Representative H. Carl Andersen, last week on the House floor, attacked Washington Columnist Drew Pearson, who had written about Andersen's involvement in the Billie Sol Estes scandal (TIME cover, May 25). Andersen, senior Republican on the House subcommittee on agricultural appropriations, is so far the only Republican in Congress to be seriously tarnished by the Estes case: he took $4,000 from Estes for stock in a coal mine owned by the Andersen family, failed...
...polecat speech, Andersen complained that his fellow Congressmen had been "shying off" since the Billie Sol case broke. "Come and say hello to H. Carl Andersen," he pleaded. "Come and shake my hand." Afterward, some kindly Congressmen did go up to him and say hello and shake his hand. But Andersen's political future had been heavily clouded by the Estes case, and he recognized the fact by announcing that, after winning twelve House terms as a Republican, he would run for re-election this fall as an "independent" rather than risk defeat in a G.O.P. primary...
...Railroad Commission predicted that it might eventually find as many as 300 slanted wells pumping out $30 million worth of purloined oil a year. Said Attorney General Wilson: "This will turn out to be one of the biggest thefts in Texas history." In the land of Billie Sol Estes, that was quite a brag...